LIVE: Here come Amazon's Q2 earnings

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Wall Street has high hopes that the e-commerce giant's cloud business will help it report another standout quarter.

Wall Street is expecting Amazon to report another standout quarter on Thursday. The e-commerce giant will announce its second quarter results after the market closes. Analysts polled by Bloomberg are expecting the company to report that its revenue jumped 18% from the same period a year earlier and its earnings per share by 10%. Wall Street is expecting that, once again, Amazon Web Services, the company's cloud computing business, will help drive its results.

Wall Street is expecting Amazon to report another standout quarter on Thursday. The e-commerce giant will announce its second quarter results after the market closes. Analysts polled by Bloomberg are expecting the company to report that its revenue jumped 18% from the same period a year earlier and its earnings per share by 10%. Wall Street is expecting that, once again, Amazon Web Services, the company's cloud computing business, will help drive its results.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LIVE: Here comes Snap's Q2 earnings...Despite tough competition from Instagram, Snapchat has been making a comeback.
Source: BusinessInsider - 🏆 729. / 51 Read more »

LIVE: Here comes Facebook's Q2 earnings...Wall Street has been bullish about Facebook despite its two years of scandals. techinsider Bullish market.
Source: BusinessInsider - 🏆 729. / 51 Read more »